Global Trade Alert
Global Trade Alert

Russian Federation: State Development Bank Financing for Sulfuric Acid and Improved Oleum Production Facility

Announcement

15 Feb 2019

In February 2019, the Russian state development bank underwrote a loan to a local company to finance the construction of a sulfuric acid and improved oleum facility. 

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

15 Feb 2019

Revocation date:

No revocation date

Updated: 15 Feb 2019
Capital injection and equity stakes (including bailouts) In force

On 15 February 2019, the Russian state development bank VEB.RF approved an equity purchase deal with KuibyshevAzot.

The equity purchase is part of financing made available to KuibyshevAzot ...

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Updated: 15 Feb 2019
State loan In force

On 15 February 2019, the Russian state development bank VEB.RF approved a loan to the Russian plant KuibyshevAzot. The loan is for the construction of K-grade sulfuric acid and improved oleum ...

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